📉 Price Direction & Volatility
Major cryptocurrencies remain under pressure, with $BTC around $65K–$68K levels and extended sideways/weak trend. Recent trading reflects volatility as investors price in macroeconomic data and sentiment shifts. �
The Economic Times +1
Bitcoin has been struggling after recent rebounds and short-lived gains, and $ETH & $XRP are also trading lower in the broader risk-off environment. �
Barron's
📊 Macro Influence
Strong U.S. jobs data has dampened expectations for imminent Fed rate cuts, which has kept risk assets — including crypto — subdued. �
The Economic Times
Traders are now looking ahead to Friday’s U.S. Consumer Price Index (CPI) release, which could be a major catalyst: weaker inflation data might renew hopes for rate decreases and potentially buoy crypto prices. �